Topic: Do you look down on Bushy or undeveloped areas? - page 4. (Read 954 times)

In my opinion, if someone offers to sell the land, and the land is in a remote area, I think it's a good opportunity to buy it because, in the future, the price of land will be more expensive, but what is certain is that the place and location must be surveyed first. good potential for the future or not, if it's good, we can buy it.

Oh yes all the time.  In fact the land which we were planning to buy as family investment back in pre COVID times was barren one and we had no vision about it. However, you would be surprised to know that today from the same land there is one national highway has been sanctioned and the lands prices has soared up by many foods considering it would be bought by central government for national development.  In addition to this there comes highway restaurant chances which also we lost.

So yup, not to give example of anyone we ourselves regret the decisions like that. Lands are gold and they can get valuation at anytime.

sometimes it is very painful to remember that half of our lives are only doing work to make money and to meet the standard of living demands, especially to pay rent for a house or apartment. I once had regrets about selling property when the covid outbreak was critical at the time, and currently in that area the price of land has skyrocketed since it was used as a vehicle for entertainment. 

I don't look down on undeveloped areas or dense areas, if you have savings funds, you can conduct surveys and analyze prospects in the next few years, if the place or area has potential I think you can buy as much as you can afford to invest  long-term. 
I think investing in property or house is the safest investment compared to other investments.

I see that land that is lush and still in remote areas or in villages that are still small in population is a hidden potential that is suitable as a long-term investment. because the price of land every year will always rise. because the human population will always increase. and of course all of them will need land to build houses or anything like factories and shops. But in this case we also need to be good at digging for information.
like in my area at first even vehicles such as cars did not enter my area because they were in the interior at that time. but now the streets are wide open. and I remember that in the past the price of land was very cheap. but now I feel shocked by the land price which has increased very drastically. especially land that is close to major road access. so I realized that and even now I have a dream to buy as much land as possible in my area and in other potential areas.

Simply put, we just have to think like this, the population will keep growing and the land will stay the same and no more can be created. Therefore, investing in real estate will definitely be profitable. The undeveloped areas have not received as much attention as the central areas, but once the central areas run out of space, it is imperative that we have no choice but to move to the bushy areas.

It is natural for them to raise prices but it will take quite a while, you can buy undeveloped areas but should determine it will be a long term investment.

Yes, in fact, I myself am experiencing it right now. Expecting to have a few of this and fate says otherwise.
I am seeing how an area is really developing very well. I am only expecting to have some of them, but it is too late and now I am not able to reach it.
Actually, this is often happening moreover in the developing areas where there may be a big thing built recently int hat area, like airport, college, scoolhs, and manyotehrs. This willr eallyinfleunce the price of the property int he area.
Actually, this is like what is happening to Bitcoin, right?

I don’t look down on anyone for buying land in sort of area that isn’t “fully developed” yet, which is what I believe you’re referring to when you say “bushy area”. Now I’m not sure if you also are including buying “busy” land in a not so great country. Personally I would rather live away from the masses and in a place that won’t be developed for some time.

Depends on the location thats why investors view and a common man would really be having different when it comes to insights and risk taking and also with financial capacity on which actions and views will be different into those people or person.
Its true that never look down on lots which are vacant and bushy which you cant know if these spots would really be developed on upcoming years or decades but of course you cant just carelessly
buying without having any analysis or considerations on that lot spot whether if its near into a city or what.
Regrets could be there even myself had missed out on buying some lots ive known when its still cheap but now those prices soaring up high like crazy which cant be easily afford.

We should never look down on an undeveloped area, because a few years later the situation will definitely change. My own parents regret that
when they had a large income they were never interested in buying property in an undeveloped area. Even though as time goes by, one by one
the areas that have not developed are developing very rapidly,  and even the increase in property prices was very significant. After all, investing
in property is very profitable, especially buying property in undeveloped areas is much more recommended. Besides the price is usually more
affordable, the profit generated can also be very large, the most important thing is to be patient waiting  for the price of the property to rise.
This is actually a lesson for all of us, if our finances are limited and do not have the ability to buy property in developing areas, then consider
buying a property in an undeveloped area. It will make our future better, because property prices will always go up.

This concept or ideology is a something you have to reason with your initiative or intuitive so therefore it's very known that undeveloped environment, is good to create a good firm or an industry that we may be the place to develop, so from my own perspective or my own understanding of having a piece of land for environment that he is unkempt is very knowledgeable and I can let you go for someone to run it investment to a place that is not well developed because it is very obvious that that those is not really develop, will develop in the future due to a development rotation.

It's the thing that in many cities land about 10-20km from the suburbs becomes the suburbs in the next 20-30 years. From my experience, my parents bought a piece of land about 20 km from the city because they liked the area was near a forest park, but also had electricity. They had the means to buy more land there but they thought that there's no point in that. Now there's a wealthy neighborhood nearby and the land prices went through the roof. There's fiber optic Internet, natural gas and sewage lines, and you almost can't buy land in the area anymore because there are new houses everywhere.
Buying land is always a safe bet. It can hold value, or it can go up in value but it rarely goes down.


That said, I know a town where they built a waste burning plant and the price of land went down.

I think these set of people are responsible in opening areas,  and they benefit a lot because as the area is developing they develope along with the area, they grab some opportunities and may they might be lucky to get additional property.
Good to know that beautiful Las Vegas was once a desert,  at that time am very sure many won't show interest to dream of living there. Right now am very sure it is one of the most expensive city to buy house. Those who got property earlier for renting or to resell might have generated good amount of money.
This can be stress to some people who already a property,  because of the high tax some might even prefer to rent annually.

Everything in life is totally unpredictable and there's no way for someone could able to tell on what would happen in the future.Even though it looks bushy or underdeveloped but you cant really able to point out if it does have that future potential to be developed and that land would really valuable.We people could make out certain decisions in life whether we would really be seeing some opportunities or just
simply buying just because you do love to have some properties and lands which would for you to live on on the future or something that you do mind off about being inherited by your children.

I am a victim of this circumstance and I believe many people are too. But one funny thing is that people are repeating same mistakes again. What I have concluded and can say is that investment in land buying cannot waste and you will not lose.
What happens is the duration to run into gains differ due to location of the land.
So, an investor who has a money he doesn't have immediate need of can go to the rural and buy land.

Answering this question, I have seen an economist argue that renting an apartment is economical that building a house.

I certainly agree with this. I was once living in an almost underdeveloped province where there was no open opportunity for everyone so I decided to move out to a city where I found my fate. After years of exploring in cities, I went back to visit our relatives in our province and to my surprise, everything has changed and developed. I regret not buying a small property because I underestimated the location. Unexpected things can really happen so we shouldn't underestimate properties or places.

I don't know if most people know that land is considered an asset with the most protracted life span and in cryptocurrency the value of the market is measured by the level of demand and supply.
Technically, the world population will always increase and there will be more people demanding land. Therefore, buying some land in an undeveloped area is a good investment for the future but just like you have to dyor in crypto you also need to do some research about the possible issue or exposure the rural area will get in the future before buying it.

A land or a property is a good investment as addition or as an alternative to cryptos. That way, we can possibly lessen our risk or we can earn more income. It does not really matter if the area is bushy but if that can make its price cheap then you can prefer that one.

You can always clean it later on and when the area looks nice again, you can make a better offer for it and pretty sure that many are going to get attracted with it but if you are still renting or you don't own your own house yet then you are the ones that should use that land. If there are extra rooms, you can also make an offer for it. Space for rent is also a good business.

Totally unpredictable yet you cant really able to know or determine if the land you had bought would actually have the chance on getting developed on upcoming years or decades to come
which it is also the risk when you are on a land or lot business where you do assume that it would really be ending up that way just like on what others been experiencing.Sometimes it do really
involved with some luck exclusive into the analysis and presumption you had made out. Pointing out potential lots is hard because we know that its not something cheap if you do ask me.
Even here on my country where bushes and underdeveloped areas are still considered expensive on buying it on bigger area and its just common sense that you wont really
be purchasing something in rocky mountains. 

There are those who enjoy digging holes in the ground. Moving rocks and earth to shape the land. Developing an overgrown lot of bushes and trees comes easy to some. I enjoy that type of activity as it stops me from thinking about things and overanalyzing. It can be like a form of therapy. As a job, it can be like being paid to exercise and work out. Getting paid to burn calories and stay in shape.

Las Vegas was built on the cheapest land that could be found, in a desert. The original buyers developed it into massively profitable real estate, hotels and casinos. There definitely is profit potential in flipping lots and real estate. With creative financing, fractional real estate development and government loans. It could be easier to qualify for real estate today than it was in the last few previous eras.

On the negative side, property taxes are rising significantly in some US states. There are also restrictions being passed which could make it harder to sell property once bought.

Real estate in states like california and new york are generally losing value. While states like florida and texas are gaining value. They always emphasize location, location, when it comes to real estate. Its very important for a reason. Every state has their own regulations, taxes and code. Which could make what would be a good investment in one state, a bad investment in another.

There is no need of looking down 4 a place that is on undeveloped because the on the undeveloped environment, is a place someone can buy a land or a piece of land in affordable form. So true what I understand and experience for land business and the buying of land for on undeveloped areas it's like someone buying a cryptocurrency or a token that does not have a name but after the bullish market of cryptocurrency profitreturn to who who purchased a token when the value is valueless